Fed signals concern about rise in Treasury yields
Some officials have said the recent surge in long-term Treasury yields may reduce the need for further rate increases.
The Federal Reserve held interest rates at a 22-year high for a second straight meeting, while suggesting that the recent rise in Treasury yields may weigh on the economy and inflation.
“Tighter financial and credit conditions for households and businesses are likely to weigh on economic activi
Learn more about reprints and licensing for this article.